Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

Express Scripts: The Cost of Not Taking Medications as Prescribed Is $330 Billion

Washington, DC, September 24, 2015 ― Elizabeth O’Brien reports in MarketWatch that pharmacy benefit manager Express Scripts’ 2014 Drug Trend Report found that prescription non-adherence costs the US roughly $330 billion a year in unnecessary medical complications.  The report breaks down adherence by ailment, and the numbers are startling.

While people sometimes scrimp on medications to save money, this can lead to bigger health problems with bigger price tags, like a trip to the emergency room.

The Express Scripts 2014 Drug Trend Report breaks down adherence by ailment, and the numbers are startling.

Twenty-nine (29) percent of high cholesterol patients don’t take medications as prescribed, versus 39 percent of diabetics and 55 percent of adults with asthma.

It’s a complex issue, with “plenty of blame to go around,” said Albert Wu, a practicing physician and the director of the Center for Health Services and Outcomes Research at the Johns Hopkins Bloomberg School of Public Health. Doctors, pharmacists, family members, health insurance carriers and others all have a role in helping patients follow the doctor’s orders.

For the full story, click here.